Edition 9 (271) September 2022


Hotting up after the heatwave

Are you actually glad that the summer holiday season is now coming to an end? I am! Mainly because over the July and August period I’ve had to go to a number of government offices and institutions, where I was given the distinct impression that I was committing some terrible faux pas whenever I tried to get anyone to do even the slightest thing.

Tomasz Cudowski, editor-in-chief
Small talk

Waste not want not

According to Agnieszka Rychlicka, the deputy CEO of prop-tech waste disposal experts T-Master, the way we as households and businesses have been disposing of our refuse – and the amount we have had to pay to do so – is just a load of old rubbish. She tells us how the Individual Waste Segregation System developed by her company uses hi-tech to bring down both the environmental and financial costs

Small talk

People, courage and luck

Agnieszka Ciupak, who is well-known on the Warsaw real estate scene for her impressive feats of leasing at UBM, GTC, Echo/Griffin, HB Reavis and CPI, has now become the head of the office department at Cream Property Advisors. She tells us all about the challenges that lie ahead for her and her new company as well as those facing the office market as a whole

Stock market report

Here comes the sun?

After all the pain from soaring inflation, interest rate hikes and the looming prospect of a recession, the beginning of summer has brought a sigh of relief and an air of optimism. Could it be that the downturn won’t be so deep and that central banks are not going to overreact?


Together into the future

In an exclusive interview, Iwona Krzemińska, a board member and senior legal counsel, and Roger Andersson, the managing director, summarise the first three decades of Vastint Poland, while revealing that they have new projects in the pipeline – including multi-functional and hotels – and giving us their forecasts for the Polish real estate market

Flex and co-working offices

Providing safe space

In the first few weeks of the war, Ukrainian companies were already making enquiries about the available office space in Poland. And it’s co-working and flex operators that have been the most in demand

Anna Korólczyk-Lewandowska
Human resources

Home is where the office isn’t

Work represents a key aspect of human existence. For our own psychological well-being, we need to work in a place that is designed for this. And working from home in the long run does more harm than good – argues Prof. Andrzej Falkowski, the head of the economic psychology and business department at SWPS University in Warsaw

Office & mixed-use development

Two years of positive change

Skanska’s leasing director, Marek Stasieńko, on how the post-pandemic office market is adjusting in Wrocław and other regional cities to the switch to hybrid formats

Purpose-built student accommodation

Studying the rent rises

PBSA rents are on the increase across Europe as the sector feels the impact of soaring inflation, but the growth has been especially acute in the CEE region. Julia Momotiuk, Bonard’s head of rented residential, examines the reasons behind this trend

Julia Momotiuk of Bonard
Green projects

We’re working on sunshine

The solar farm sector in Poland has recently become turbo-charged, mainly due to the energy supply issues across Europe related to the war in Ukraine. But the growth in the sector is also being driven by an increasing investor appetite, EU regulations and the restrictions on wind power

Magdalena Rachwald
Eurobuild Awards

The top of the vox pops

We can finally reveal the full list of nominees for the Popular Choice Awards at the Eurobuild Awards 2022. This time around, these are divided into three categories: Outstanding Non-Business Achievement of the Year, Real Estate Personality of the Year as well as Newcomer of the Year. The winners of each category are to be voted on by the guests at the Eurobuild Awards gala, which will be held at the DoubleTree by Hilton Warsaw on September 27th. So, if you need more time to think about who to vote for before then, here are the three final shortlists...

The Expert Eye

Written in green ink

Leasing contracts that clearly set out ESG goals and the responsibilities of both tenant and landlord in this regard, offer not only an opportunity to reduce the impact of real estate projects on the environment, but also to increase the value of these properties

Paulina Pawłowska of Baker McKenzie

Decisive again

The topics that dominated the 12th Eurobuild Annual Office Conference held at the end of June in Warsaw’s Radisson hotel included the state of the Polish office market, the supply gap and the threat posed by the hybrid work model – as well as the impact of the pandemic and the war in Ukraine on the Polish market

Anna Korólczyk-Lewandowska

An acronym too far

In my humble opinion – and don’t get me wrong, this is just my very own personal view – ESG is just a fad. Don’t get me wrong. I’m all for saving the environment. I have two children, so I don’t want to cook the world any more than any other parent. And who could object to companies being better neighbours?

Alex Hayes